Supermarket retailer Ahold looking for U.S. acquisitions -newspaper [Reuters]
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Source: Reuters
Supermarket retailer Ahold looking for U.S. acquisitions: newspaper | Reuters 2 Min Read AMSTERDAM (Reuters) - Dutch-Belgian supermarket group Ahold Delhaize ( AD.AS ), the owner of the Stop & Shop and Giant Food stores, is looking for acquisitions in the United States, its chief executive said in a Dutch newspaper report. The comments in Dutch newspaper Financieele Dagblad signal a potential strategy shift for Ahold under chief executive Frans Muller, who took on the top job in July after overseeing the company’s U.S. business. “We have a strong market share in regions where we are active. That gives us a good starting point to join in the acquisition game,” Muller said in the Financieele Dagblad report. There were no details about possible targets or how much the company might spend in the report. The company’s strategy is to bolster its U.S. online business, where sales grew by 12 percent in the third quarter. Ahold Delhaize has said in the past it mainly planned to grow organica
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